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Graph 22-7 -Refer to Graph 22-7. Assume That the Consumer Depicted in the Consumer

Question 107

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Graph 22-7
Graph 22-7    -Refer to Graph 22-7. Assume that the consumer depicted in the graph has an income of $10. The price of Skittles is $1 and the price of M&Ms is $2. This consumer will choose a consumption bundle where the marginal rate of substitution is: A)  2. B)  2/3 C)  1/2 D)  1/3
-Refer to Graph 22-7. Assume that the consumer depicted in the graph has an income of $10. The price of Skittles is $1 and the price of M&Ms is $2. This consumer will choose a consumption bundle where the marginal rate of substitution is:


A) 2.
B) 2/3
C) 1/2
D) 1/3

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